Let’s face it: Not every product maximizes your margins. Turn a critical eye towards your product line by continuously gathering data on your best- and worst-performing SKUs. With information on hand, you can deploy resources — financial and human — in a way that maximizes revenue and profits.
In this guide, you’ll learn how conducting a product rationalization process delivers an in-depth profile of every item your business sells. Not only does this give you insights into exactly how per-product sales and margins are changing over time, but it can also help you make tough decisions.